New Guidance Allows 401(k) Matches for Student Loans
The IRS recently released long-awaited rules that provide employers with clarity on how to implement a popular new 401(k) plan feature: matching contributions for employee student loan payments.
The IRS recently released long-awaited rules that provide employers with clarity on how to implement a popular new 401(k) plan feature: matching contributions for employee student loan payments.
Employers should prepare for a major increase in healthcare costs in 2025, with new projections showing rises of 8-9 percent or more over this year's spending.
Despite the importance of open enrollment, most employees lack enthusiasm when asked to review health insurance and other benefits forms annually.
The holiday season is a time of celebration and togetherness for schools, bringing communities together for events that highlight student achievements, seasonal performances, and festivities. While school holiday events can be meaningful for students and staff alike, it’s essential to manage these gatherings to ensure the safety, inclusivity, and enjoyment of everyone involved. By planning ahead, schools can create safe, welcoming, and enjoyable holiday events for all.
Schools often serve as polling places during elections, which presents unique safety challenges. While supporting the election process is important, ensuring the security of students and staff remains the top priority. By coordinating closely with election officials and implementing key safety protocols, schools can strike a balance between facilitating voting and maintaining a secure environment. Below are practical steps schools can take before, during, and after polling day.
The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modeling software. These innovations help to automate tasks, reduce waste and improve efficiency, productivity and safety.
There are many advantages to selecting an HDHP/HSA option at open enrollment time—for example, HSAs have three levels of tax savings and HDHPs typically have lower monthly premiums.
Open enrollment is a crucial period for both employers and employees. It’s when employees can make important decisions about their benefits and an opportunity for employers to engage with their workforce effectively. As organizations continue to adapt to evolving workforce needs and changing regulations in 2025, open enrollment communication becomes more critical than ever.
To get ready for open enrollment, employers who sponsor group health plans should be aware of compliance changes affecting the design and administration of their health plans for plan years beginning on or after Jan. 1, 2025.
In February 2024, hackers initiated a cyberattack against Change Healthcare, a leading health claims processing provider in North America that processes approximately 15 billion health care transactions annually.